Binance has been great but I am absolutely not looking to filing my taxes. It is a mystery how they even track basis. Reply reply More replies Omega3568 •
Binance Asia Services had continued to provide services to Singapore users as an exempt payment service provider while its application for a PS Act licence was being reviewed by MAS. Binance Asia Services subsequently withdrew its licence application but continues to carry out unregulated activities in Singapore, MAS noted."
You may also access Binance from an ISP in a different country (syempre yung country na hindi rin blocked Binance). Ideally though, the whole ethos of Bitcoin/cryptocurrency dictates that we store/transact crypto in a cold wallet — off the grid, immune from any government-sanctioned regulatory actions against any centralized institution.
Accessing Binance from the U.S. - My Experience I wanted to share my recent experience with trying to use Binance in the U.S., since I know a lot of us have been running into similar issues. Basically, Binance isn't fully operational because of some regulatory stuff, and even Binance.US isn't available in every state.
The news said SEC issued it on November 29, 2023 and it stated that Binance will be banned in the Philippines after 3 months. So would it be this February 29, 2024? Any news update about Binance's complying to PH rules and regulations? I only have a Binance account and it would be kinda hassle for me if I registered again for another exchange. Share Add a Comment Sort by: Best Open comment ...
Binance maintains completely separate ledgers for client and user funds, unlike what FTX has been alleged of doing - this includes the time period between 2019 and 2021 when the anonymous sources claim.
I wanted to share my recent experience with trying to use Binance in the U.S., since I know a lot of us have been running into similar issues. Basically, Binance isn't fully operational because of some regulatory stuff, and even Binance.US isn't available in every state.
